A Game-Changing Crash . . . .

[mbratrud]

Traders stating: Heavy equity margin calls triggering exit from gold positions to free up cash and margin stock positions. This has triggered the largest one (1) day gold price decline in three (3) years.

Buying opportunity? Recovery once the margin triage is done?

[tweety]

And it's back up 1300 points today. See, no problem.

[jazz]

And it's back up 1300 points today. See, no problem.

Just a big shake down. The big money knows there are lots of posers in the market with 20 or 30k in there and they are nervous nellies and they can be scared out of their positions like nothing. They sure as hell weren't the ones buying back in today. They will get back in a month from now when the prices are back to there recent highs.

As a farmer who has seen absolutely everything, risk doesn't faze me. Stood right in there and never sold a share.

[furrowtickler]

And it's back up 1300 points today. See, no problem.

Kinda like arctic sea ice rebounded tremendously in Feb .... See , no problem 👍

[farming101]

Crude oil outside day higher. Gap up tonight. Up just under 10% from the open Sunday evening.
Oversold. Still wouldn't call it a buy

[macdon02]

Is anyone watching the Dem debates and noticing a pattern? Bernie came out on top and everything crashes, Biden wins and back up it goes. Maybe it's not the flu? The press depth of knowledge is an inch deep and a mile wide. Im not gonna say they are lying but i don't see early retirement in anyone's future at BNN because they saw it coming and killed it ... they don't trade, they do sales.

[tweety]

Kinda like arctic sea ice rebounded tremendously in Feb .... See , no problem 👍

No, actually bought a shit tonne on late friday. Has nothing to do with ice, sheesh.

[errolanderson]

Fed panics . . . 1/2% emergency rate cut just announced.

Stock market had better close up sharply today or gig is up . . . .

[farming101]

April Gold at 1625. Back to outperform again....

[errolanderson]

Fed has chips all on-the-table . . . feels like Custers Last Stand.

[jazz]

Fed has chips all on-the-table . . . feels like Custers Last Stand.

Can't they go negative or hand out cash like China did in HK? Devalue currency, start rapid QE again?

I always think the jig is up and then they come with some scheme to keep it all going.

[agstar77]

The Trump slump is alive and well. We will see if market breaks through last weeks lows.

[errolanderson]

Emergency rate cuts are rarely good news. Here's a track record . . . .

March 2001 Tech Bubble . . . 1/2% cut
August 2007 Subprime Mortgage Fiasco . . . 1/2% cut
January 2008 Stock Market Crash . . . 3/4% cut
October 2008 Lehman Bros Collapse . . . 1/2% cut

[agstar77]

WH is calling for bigger cuts. All this is doing is re-enforcing the seriousness of the situation.

[AlbertaFarmer5]

The Trump slump is alive and well. We will see if market breaks through last weeks lows.

Is this the Trump slump?


Political affiliation is odd, where else do people actively wish for financial ruin, death from disease, war, and any other calamity, just so they can blame it on a politician they dislike?